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REGISTERED NUMBER: 05929956 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

AMW FINANCE LIMITED

AMW FINANCE LIMITED (REGISTERED NUMBER: 05929956)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AMW FINANCE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: M J Parker





REGISTERED OFFICE: 207 Knutsford Road
Grappenhall
Warrington
Cheshire
WA4 2QL





REGISTERED NUMBER: 05929956 (England and Wales)





ACCOUNTANTS: Walker Begley Limited
Chartered Accountants
207 Knutsford Road
Grappenhall
Warrington
Cheshire
WA4 2QL

AMW FINANCE LIMITED (REGISTERED NUMBER: 05929956)

ABRIDGED BALANCE SHEET
30 JUNE 2023

30/6/23 30/6/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 696 1,701

CURRENT ASSETS
Debtors 6,008 8,179
Cash at bank and in hand 55,982 29,747
61,990 37,926
CREDITORS
Amounts falling due within one year 39,536 12,504
NET CURRENT ASSETS 22,454 25,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,150

27,123

CREDITORS
Amounts falling due after more than one
year

(15,345

)

(23,156

)

PROVISIONS FOR LIABILITIES (132 ) (323 )
NET ASSETS 7,673 3,644

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,573 3,544
SHAREHOLDERS' FUNDS 7,673 3,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AMW FINANCE LIMITED (REGISTERED NUMBER: 05929956)

ABRIDGED BALANCE SHEET - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 January 2024 and were signed by:





M J Parker - Director


AMW FINANCE LIMITED (REGISTERED NUMBER: 05929956)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

AMW Finance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

AMW FINANCE LIMITED (REGISTERED NUMBER: 05929956)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022 19,021
Disposals (10,241 )
At 30 June 2023 8,780
DEPRECIATION
At 1 July 2022 17,320
Charge for year 1,005
Eliminated on disposal (10,241 )
At 30 June 2023 8,084
NET BOOK VALUE
At 30 June 2023 696
At 30 June 2022 1,701

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director, Mr M J Parker, has made an unsecured interest free loan available to the company. There are no fixed repayment terms. The balance at the year end was £9,754 (2022: £271).

6. ULTIMATE CONTROLLING PARTY

AMW Finance Limited is controlled by the director, Mr M Parker, by virtue of his 80% holding of the issued share capital of the company.